Harvia Oyj (HEL:HARVIA) Full Year 2023 Results
Key Financial Results
- Revenue: €151.4m (down 12% from FY 2022).
- Net income: €23.3m (down 14% from FY 2022).
- Profit margin: 15% (in line with FY 2022).
- EPS: €1.25 (down from €1.45 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Harvia Oyj Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 6.4%.
Looking ahead, revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Leisure industry in Europe.
Performance of the market in Finland.
The company's shares are up 20% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 1 warning sign for Harvia Oyj you should be aware of.
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Discover if Harvia Oyj might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About HLSE:HARVIA
Harvia Oyj
Manufactures and distributes traditional, steam, and infrared saunas.
Outstanding track record with reasonable growth potential.